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August 19, 2022 at 4:25 pm #1607mikegagner0006Guest
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In what could be the beginning of a global trend, Panama is exploring a fast follow of . The day after El Salvador adopted as legal tender, Panamanian Congressman Gabriel Silva introduced a bill designed to provide “legal, regulatory, and fiscal certainty to the use, holding and issuance of digital value and crypto assets in the Republic of Panama.”<br>The bill, entitled “Crypto Law: Making Panama Compatible with the digital economy, blockchain, crypto assets, and the internet,” was announced on Twitter by Silva on Wednesday. In his , Silva said that the bill had the potential to create jobs, attract investment and foster greater government transparency.<br>
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<br>Cryptocurrency advocates like Silva view , and as the future of money for the globe. The underlying allows these currencies to work by creating a digital ledger that records transactions, instead of relying on a central bank to underwrite — and crypto fans would say, manipulate — the value of the currency. <br><br>The new Panamanian bill aims to promote the use of cryptocurrency and other digital assets, similar to legislation in its fellow Central American country El Salvador. But it also of government use of blockchain technology for 비트겟 purposes of identity and transparency. The World Economic Forum (and other institutions) have explored . But deploying the technology in this way — and 비트코인 거래소 at a national scale — would be an unprecedented move with a dizzying array of implications<br>/p>El Salvador’s national has been bumpy. Should Panama pass its Crypto Law, it may provide another fascinating test case for cryptocurrency adoption at a national level. Two nations working to adopt crypto does not necessarily make a trend — but it could mark the start of one.Read more: /p>